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The Future of Big Data

Gigabytes, Terrabytes, Pettabytes, Zettabytes… Whats Next? Aoife Tóibín – Waterford Technologies Data continues to grow at an exponential rate, but where will

Gigabytes, Terrabytes, Pettabytes, Zettabytes… Whats Next?

Aoife Tóibín – Waterford Technologies

Data continues to grow at an exponential rate, but where will it all end? Well, with the ever expanding “Cloud” data growth appears to be endless. In fact predictions for 2020 are staggering! CSC have published an excellent infogrpahic on data production and the rate at which it’s expanding, check it out below.

Some Interesting Stats

To get some kind of perspective on the rate at which data production is growing take a look at these stats.

  • Experts predict a 4300% increase in the amount of data produced per year by 2020
  • By 2020, over 1/3 of all data will live in or pass through the cloud.
  • Data production will be 44 times greater in 2020 than it was in 2009.
  • Individuals create 70 percent of all data. Enterprises store 80 percent.

For more information on big data, check out our big data interesting facts blog post.